When the objectives of the decision are in conflict, one objective may be specified as the decision criterion and the other objectives are established as:

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When the objectives of the decision are in conflict, one objective may be specified as the decision criterion, and the other objectives are established as constraints that must be satisfied as much as possible while optimizing for the decision criterion. Differential criteria are used to differentiate between options, irrelevant criteria do not impact the decision, and opportunity costs refer to the cost of the next best alternative.

When the Objectives of the Decision Are in Conflict, One